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Discussion in 'General Discussion | Travel' started by uggboy, Mar 11, 2014.
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Hospitality owners favor lower state minimum wage hike
Unfortunately there will always be a loser in these types of situations. If the minimum wage increases, the costs will either be passed on to the consumers or the owners will have to eat the additional costs.
Even though it is probably not a good idea to keep minimum wages too low, it doesn't help workers if the business gets shut down because expenses get too high too.
I mean, there needs to be an adjustment, IMHO it's wrong the workers get paid too few, a real "living wage" would be the way to go, they have to be able to live a decent life, everybody wants to achieve this, but as you pointed out no-one wins when the business has to close due to bankruptcy. It's also important to keep expenses in check, that's also a reality right now, especially in times when such expenses are on the rise again. Least, but not last, the consumer, guest or shopper will have to adjust to higher prices also, they can always expect to pay "minimal" and get "maximum", doesn't matter which industry we're looking into. This has to be a "wholesale" adjustment of society which balances out in favor for all parties involved in the long-run, it has too, only by doing this we will see a sustainable growth and investment drive in the future.
Society seems to always have it's hand out.
I remember candy bards for 3 cents, today they are $1.25,
We make more and we spend more.
Only real difference, today the welfare type lives better than the worker, with the Government taking 50% of your wages, Church 10 and the Unions 10 their is not much left to call your own.